CCL Innovative Opportunities: what changed
CCL Innovative Opportunities
Largest movements
- Receivables within one year +€78,838
up €78,838 (+375%), from €21,048 to €99,886
of which Other amounts receivable: +€84,073
- Cash -€69,772
down €69,772 (-86.6%), from €80,537 to €10,765
mainly Receivables within one year (-€78,838) and Contributions, distributions and other (-€67,929)
- Tangible fixed assets +€4,964
up €4,964 (+25.1%), from €19,766 to €24,730
- Other debts +€67,316
up €67,316 (+8,081%), from €833 to €68,149
- Profit (loss) carried forward -€61,051
no longer reported in 2025 (was €61,051)
- Current portion of long-term debt +€7,955
up €7,955 (+84.3%), from €9,442 to €17,398
- Tax, wage and social debts -€2,854
down €2,854 (-13.7%), from €20,793 to €17,939
of which Taxes: -€3,625
- Debts after one year +€2,602
up €2,602 (+13.4%), from €19,410 to €22,012
of which Other amounts payable: +€12,500
- Gross operating margin -€13,404
down €13,404 (-37.5%), from €35,783 to €22,380
- Financial income +€2,305
up €2,305 (+390%), from €591 to €2,896
- Taxes -€1,565
down €1,565 (-24.5%), from €6,395 to €4,830
- Depreciation +€796
up €796 (+8.6%), from €9,240 to €10,036
- Financial charges +€688
up €688 (+37.5%), from €1,836 to €2,523
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €128,440 | €141,022 | +€12,582 | +9.8% |
| Fixed assets | 21/28 | €20,416 | €24,730 | +€4,314 | +21.1% |
| Tangible fixed assets | 22/27 | €19,766 | €24,730 | +€4,964 | +25.1% |
| Furniture and vehicles | 24 | €19,766 | €24,730 | +€4,964 | +25.1% |
| Financial fixed assets | 28 | €650 | - | -€650 | |
| Current assets | 29/58 | €108,024 | €116,292 | +€8,268 | +7.7% |
| Amounts receivable within one year | 40/41 | €21,048 | €99,886 | +€78,838 | +375% |
| Trade receivables | 40 | €19,510 | €14,275 | -€5,235 | -26.8% |
| Other amounts receivable | 41 | €1,538 | €85,612 | +€84,073 | +5,465% |
| Cash at bank and in hand | 54/58 | €80,537 | €10,765 | -€69,772 | -86.6% |
| Deferred charges and accrued income | 490/1 | €6,439 | €5,641 | -€798 | -12.4% |
| Total equity and liabilities | 10/49 | €128,440 | €141,022 | +€12,582 | +9.8% |
| Equity | 10/15 | €75,471 | €14,419 | -€61,051 | -80.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €8,419 | €8,419 | = | 0.0% |
| Distributable reserves | 133 | €8,419 | €8,419 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,051 | - | -€61,051 | |
| Amounts payable | 17/49 | €52,969 | €126,602 | +€73,633 | +139% |
| Amounts payable after more than one year | 17 | €19,410 | €22,012 | +€2,602 | +13.4% |
| Financial debts | 170/4 | €19,410 | €9,512 | -€9,898 | -51.0% |
| Other amounts payable | 178/9 | - | €12,500 | +€12,500 | |
| Amounts payable within one year | 42/48 | €33,560 | €104,590 | +€71,030 | +212% |
| Current portion of amounts payable after more than one year | 42 | €9,442 | €17,398 | +€7,955 | +84.3% |
| Financial debts | 43 | €1,121 | - | -€1,121 | |
| Credit institutions | 430/8 | €1,121 | - | -€1,121 | |
| Trade debts | 44 | €1,371 | €1,104 | -€267 | -19.5% |
| Suppliers | 440/4 | €1,371 | €1,104 | -€267 | -19.5% |
| Taxes, remuneration and social security | 45 | €20,793 | €17,939 | -€2,854 | -13.7% |
| Taxes | 450/3 | €20,793 | €17,168 | -€3,625 | -17.4% |
| Remuneration and social security | 454/9 | - | €771 | +€771 | |
| Other amounts payable | 47/48 | €833 | €68,149 | +€67,316 | +8,081% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,240 | €10,036 | +€796 | +8.6% |
| Other operating charges | 640/8 | €950 | €1,009 | +€59 | +6.2% |
| Gross operating margin | 9900 | €35,783 | €22,380 | -€13,404 | -37.5% |
| Operating profit (loss) | 9901 | €25,593 | €11,334 | -€14,259 | -55.7% |
| Financial income | 75/76B | €591 | €2,896 | +€2,305 | +390% |
| Recurring financial income | 75 | €591 | €2,896 | +€2,305 | +390% |
| Financial charges | 65/66B | €1,836 | €2,523 | +€688 | +37.5% |
| Recurring financial charges | 65 | €1,836 | €2,523 | +€688 | +37.5% |
| Profit (loss) for the period before taxes | 9903 | €24,349 | €11,708 | -€12,641 | -51.9% |
| Income taxes | 67/77 | €6,395 | €4,830 | -€1,565 | -24.5% |
| Profit (loss) for the period | 9904 | €17,954 | €6,878 | -€11,076 | -61.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,954 | €6,878 | -€11,076 | -61.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.